🚀 Trump’s Crypto Shake-Up! 🚀
- At a Bitcoin conference in Nashville, Trump vowed to fire SEC Chair Gary Gensler, crypto’s “supervillain,” and replace him with a pro-industry leader.
- Spot Ethereum ETFs hit the market, but staking is still MIA due to regulatory hurdles.
- Trump’s SEC pick should embrace on-chain compliance and upgrade KYC and custody rules for Web3.
- Decentralized exchanges (DEXs) like Uniswap need clear regulations to thrive.
- On-chain dollarization is key! The SEC should foster a robust market for USD-backed assets.
Stay tuned for more crypto drama! 🎬